Choosing the perfect location to buy property in the UK involves a lot of factors.
This piece discusses the nature of Rightmove (and other listing platforms) data for Beyton, aiming to guide your investment decisions.
It’s worth noting that currently, 10 properties are listed for sale and sold on Rightmove in this area every single month so you have an idea of your options to pick from.
We will also go over the properties for rent in the area on Rightmove if you are looking to become a new tenant.
Properties to Rent in Beyton on Rightmove
What is the Rightmove data regarding social rent and affordable housing in Beyton?
It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 8% in Beyton. And they have an average household income of £43,471.43. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.
Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.
Beyton’s demographics and income insights based on Rightmove data
When considering Beyton, its population reaches 13729 individuals. It is useful to note that around 24% of the residents have attained a higher level of education and the average household income in the area is £43,471.43. Renters should take note that if the percentage of degree holders exceeds the regional average of 22.6%, it suggests that your neighbours are likely to be higher earners. While other factors contribute to neighbour quality, observing educational levels remains valuable.
Home listings in Beyton on the platform of Rightmove
What is a commons purchase price for property on Rightmove?
In the area of Beyton in the UK, the average sold price of a property is around £329,084. This is based on the average of all of the types of property listed on Rightmove and other listing platforms. Take a look below to see how this average is made up:
|Type of property||Average sold price|
|Semi detached house||£265,476|
|Flat||no relevant data for this city|
Is it important to look at yield in Beyton in further detail?
A serious investor will know what yield is and how to work it out. The formula is true for Beyton and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Beyton the figure is £0.
This £0 as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.
Every month, properties are sold on the platform of Rightmove in Beyton and you can explore the topics below related to sales that give you an overview of the market.
Property investment opportunities presented on Rightmove in Beyton
There is a fair amount of insight that you can gather from the city of Beyton by looking at Rightmove data. You can use all of this data in order to invest properly armed with the right information. To begin, let’s have a look at the most important data that someone looks for when evaluating an investment in the area, £0 is the average rental yield and the average asking rent is £1,360.
The average for these figures are 4.4% and £1,143 respectively. You can make an investment work in any area and there is even less you won’t have to worry about these figures if you are buying to live in this home. So, look at the below figures with an element of reason and be prepared to make changes to the rent using a
section 13 rent increase as a landlord if there are changes in the economy and the cost to run a property goes up.
|Number of bedrooms||Average asking rent|
|2||no relevant data for this city|
|3||no relevant data for this city|
|4||no relevant data for this city|
|5||no relevant data for this city|
A quick insight into Rightmove property Beyton
When contemplating an investment property, you can look at the figures of turnover, the number of sales there are every month in the area, and the population change over ten years. The below table is related to the city rather than the wider area of East of England. However, you can find data for the wider region here.
|Data for Beyton||Average for the UK|
|Property sales per month||10||576,000|
|Population growth over 10 years||8%||6.5%|
It is worth noting that the figures above will be useful if you compare them to the wider region of the UK of East of England.
From Beyton’s Rightmove data, what are the number of planning permission applications?
On Rightmove, there are a lot of people who plan to make amendments to their property and 8,000 people every month go through the process. In Beyton, this number is 13 every month and the success rate for planning permission is nan.
Rightmove records planning success as a good metric for investors to get a gauge on how familiar people are with renovating their homes. A higher success indicates investors have done improvements before and they are good at renovation. This suggests that if you are looking to buy in Beyton, you may be able to do the same and make some money.
How many HMOs are licenced in the city of Beyton on Rightmove?
Currently, the number of licensed HMOs stands at nan that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is no relevant data for this city.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Beyton. Understanding where is best to rent in Beyton involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
By analysing Rightmove in Beyton, is there a lot of green, outdoor space?
Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Beyton, the current data indicates that there are 28.8 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.
How much does the average property cost in Beyton according to Rightmove data?
At present, within the confines of Beyton, the mean price for houses listed for sale is £329,084.
When utilising Rightmove for finding property in Beyton, are there any charges to consider?
Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Beyton?
The ongoing crime rate in Beyton indicates 4400% instances for every 1000 citizens.
What’s the frequency of property sales per month in Beyton as reported by listing portals?
To interpret the insights drawn by listing portals like Rightmove, begin by recognizing that the ongoing rate of houses sold per month is counted at 10 as of recent data.
On Rightmove, how much does a three-bed property typically cost in Beyton?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.